If I could please get help with the income statement, balance statement, and AJE. Thank you. I will leave a like.
Required: 1) Madison Machines Company engaged in the following transactions for November and December. Record the following transactions on the Daily Transactions tab. Note: Place debits first, credits second but do NOT indent credits. If mere than one debit or credit. please list in alphabetical order to reccive full credit. \begin{tabular}{|r|l} \hline 1-Nov & The owner invested $100000 into the company in exchange for 5.000 shares of common stock. \\ \hline 1-Nov & The company purchased a computer system for $10000 and signed a one-year note for the entire balance. The note is due on November 1,2024 and has an annual rate of interest of 3%. \\ \hline 2-Nov & Paid for two years rent on the office space, $12000. \\ \hline 3-Nov & Purchased 10 robots at a total cost of $1000 each for cash, FOB Destination. \\ \hline 4-Nov & Purchased $1600 of supplies on account, term n30. \\ \hline 15-Nov & Purchased 12 robots at a total cost of $1100 cach on account, terms n/30, FOB Destination. Shipping of $150 was paid to the shipping company \end{tabular} Dation Shipping of 5150 was paid to the shipping company by the appropriate party. \begin{tabular}{|l|l|} \hline 17-Nov & Paid for the supplies purchased on November 4. \\ \hline 18 -Nov & Paid for a two-year insurance policy for the store, 56000 . The policy was effective beginning December 1, 2023. \\ \hline 20 Nov & Sold 16 robots for $3100 each on account, terms 3/15,n/30, the company uses FIFO to find the cost of goods sold. The printers were shipped \end{tabular} FOB Shipping Point. Record the sales revenue first. 2) Post all the Daily Transactions to the Ledger on the Ledger tab. 3) As of December 31, a search revealed the following information. Record any necessary adjusting entries for the year on the Adjusting Entries tab. 4) Post all the Adjusting Entires to the Ledger on the Ledger tab. 5) Based on the account balances in the ledger, create an adjusted trial balance on the Adjusted Trial Balance tab. 6) Based on the adjusted trial balance, prepare a multi-step inceme statement on the Income Statement tab. 7) Based on the adjusted trial balance, prepare the statement of stockholders' equity on the Equity Statement tab. 8) Based on the adjusted trial balance, prepare the balance sheet en the Balance Sheet tab. 9) Prepare the closing entries (DO NOT POST them to the ledger, just produce the entries). When journaling, elose the accounts in the order they appear on the Trial Balance. Do one entry for revenue accounts, one for expense accounts and one for dividend accounts. Multiple-Step Income Statement For the Year Ended, December 31, 2023 Madison Machines Company Statement of Stockholders' Equity For the Year Ended, December 31, 2023 \begin{tabular}{|l|l|l|l|} \hline & Common Stock & Retained Earnings & Total Stockholders' Equity \\ \hline Balance, January 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Balance, December 31 & & & \\ \hline \end{tabular} A tisuabual Thal tratasao
